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  Washington (UPI) Aug 28, 2018 Malaysian energy company PETRONAS is funding 80 percent of the costs to drill into an emerging oil basin off the coast of Gambia, a project developer stated. Australian energy company FAR Ltd., which has a core focus in West Africa, said the Gambian government signed off on a deal that brings a subsidiary of Petroliam Nasional Berhad in as a partner in the Samo prospect offshore. "By securing the approval of the Gambian Ministry of Petroleum and Energy, FAR has achieved another milestone ... read more |
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Experts: Gas prices should rise over Labor Day holidayWashington (UPI) Aug 28, 2018 Expect to see U.S. gas prices increase ahead of the long Labor Day holiday weekend, but higher prices at the pump might not last, analysts said. ... more 
Oil market gets slight boost from North American tradeWashington (UPI) Aug 28, 2018 Tepid enthusiasm over a U.S.-Mexican trade proposal made for a modest rally in crude oil prices ahead of the opening bell in New York on Tuesday. ... more 
U.S. energy sector eager for Mexican trade specificsWashington (UPI) Aug 28, 2018 Industry groups representing the energy sector were upbeat about improved U.S. trade relations with Mexico, but expressed concern about the lack of detail. ... more 
Exxon drills deep for Australian natural gasWashington (UPI) Aug 28, 2018 A subsidiary of Exxon Mobil said it's started the search for new sources of natural gas by drilling two new wells off the coast of Australia. ... more |
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| Previous Issues | Aug 28 | Aug 27 | Aug 24 | Aug 23 | Aug 22 |
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North Sea oil and gas appraisal results better than expectedWashington (UPI) Aug 27, 2018 The results of an appraisal well in the North Sea drilled by a subsidiary of Lundin Petroleum were better than expected, a Norwegian regulator stated. ... more 
Johan Sverdrup reserve estimate revised higherWashington (UPI) Aug 27, 2018 While submitting development plans to the government, Norwegian energy major Equinor said the oil potential from Johan Sverdrup was bigger than expected. ... more 
Iran urges UN court to halt 'economic strangulation' by USThe Hague (AFP) Aug 27, 2018 Iran on Monday demanded the UN's top court suspend US nuclear-linked sanctions against Tehran, accusing Washington of plotting its "economic strangulation". ... more 
India's oil appetite is growingWashington (UPI) Aug 27, 2018 India passes China by the middle of the next decade as the country with the biggest appetite for oil and its refineries can't keep up, Wood Mackenzie found. ... more 
Noble shareholders back $3.5 bn deal in fight for survivalSingapore (AFP) Aug 27, 2018 Commodities trader Noble Group's shareholders backed a $3.5 billion restructuring deal on Monday, in a major boost for the embattled company's efforts to stay afloat. ... more |
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 Final assessment of Beaufort Sea oil project completed
Gas prices could jump ahead of Labor DayWashington (UPI) Aug 24, 2018 One week ahead of the last major summer holiday in the United States, motor club AAA said vacation demand could cause a brief jump in gas prices. ... more  |
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Easing trade tensions, weaker dollar supporting the price of oilWashington (UPI) Aug 24, 2018 Some easing in multilateral trade tensions, pending strikes in the North Sea and a weaker U.S. dollar added up for a spike in crude oil prices on Friday. ... more 
Norway signs off on new North Sea developmentWashington (UPI) Aug 24, 2018 The Norwegian government announced Friday it signed off on a new Equinor project that boosts North Sea recoverable reserves by 62 million barrels. ... more 
Lane threatens Hawaii's energy securityWashington (UPI) Aug 24, 2018 The U.S. federal government warned Friday that energy security for Hawaii is under threat as Hurricane Lane approaches the main islands. ... more 
Russian-German joint venture hits oil production milestoneWashington (UPI) Aug 23, 2018 Drawing from a dozen oil and natural gas fields in Russia, a joint venture with German energy company Wintershall stated production passed 70 million barrels. ... more 
Australia's Santos says oil production hit 4-year highWashington (UPI) Aug 23, 2018 Following its move to acquire Quadrant Energy, Australia's Santos said oil production hit a four-year high while production costs dropped 13 percent. ... more |
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 Washington DC (SPX) Aug 27, 2018 
New model explains interactions between small copper clusters used as low-cost catalysts in the production of hydrogen by breaking down water molecules
Copper nanoparticles dispersed in water or in the form of coatings have a range of promising applications, including lubrication, ink jet printing, as luminescent probes, exploiting their antimicrobial and antifungal activity, and in fuel c ... more |
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 Hingham, MA (SPX) Aug 24, 2018 
Russelectric, a leading manufacturer of automatic transfer switches and power control systems and solutions, announces its new Russelectric Distributed Energy Controller (RDEC). RDEC is a fully integrated controller for complex, mission critical distributed energy systems, ranging from back-up generation and demand management to fully functional microgrids.
At the core of each RDEC is the ... more |
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 Berkeley CA (SPX) Aug 27, 2018 
Wind energy pricing remains attractive, according to an annual report released by the U.S. Department of Energy and prepared by Lawrence Berkeley National Laboratory (Berkeley Lab). At an average of around 2 cents per kilowatt-hour (kWh), prices offered by newly built wind projects in the United States are being driven lower by technology advancements and cost reductions.
"Wind energy pric ... more |
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 Johannesburg (AFP) Aug 27, 2018 
South Africa confirmed on Monday it had scrapped plans to build a series of nuclear power stations, burying one of former president Jacob Zuma's most controversial policies.
Zuma's nuclear expansion plan was a key battleground for control over South Africa's finances, with his opponents accusing him of seeking a deal that could have bankrupted the country to enrich his allies.
Zuma, whos ... more |
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 Sydney (AFP) Aug 26, 2018 
Widespread rain fell across drought-affected parts of eastern Australia over the weekend, bringing relief to farmers struggling to cope with the driest conditions in more than half a century.
Graziers have had to hand-feed sheep and cattle, sell down stock - and in some cases even shoot them to end their suffering - as they run out of hay and grain in the severe conditions affecting Queens ... more |
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 Tokyo (AFP) Aug 28, 2018  Toyota will pump about $500 million into ride-share firm Uber as part of a deal to work together on mass-producing self-driving vehicles, the Japanese car giant said on Tuesday.
The deal, which reportedly values Uber at about $72 billion, aims at "advancing and bringing to market autonomous ride-sharing as a mobility service at scale", Toyota said in a statement.
Analysts said the move s ... more |
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 Ramadi, Iraq (AFP) Aug 29, 2018 
A suicide bomber blew up a vehicle in the town of Al-Qaim in western Iraq on Wednesday, killing at least 11 people, five of them security personnel, police said.
The 9 am (0600 GMT) bombing at a checkpoint on the outskirts of Al-Qaim also wounded 16 people - 11 civilians and five security personnel, police Captain Mahmud Jassem told AFP.
The town, on the Syrian border some 340 kilometre ... more |
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 Washington (AFP) Aug 28, 2018 
The United States will end its suspension of military drills on the Korean peninsula, a move that had been decided as a "good faith" measure following President Donald Trump's summit with North Korean leader Kim Jong Un, the Pentagon said Tuesday.
"We took the step to suspend several of the largest military exercises as a good faith measure," Defense Secretary Jim Mattis told reporters. "We ... more |
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 Hong Kong (AFP) Aug 27, 2018 
A Hong Kong pro-democracy group led by high-profile activist Joshua Wong said Monday two of its members had been detained and questioned in mainland China.
The pair were released within hours but were warned not to publicise their experiences, the Demosisto party said in a statement.
Hong Kong has rights unseen on the mainland but concerns are growing that those liberties are under serio ... more |
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 Douala (AFP) Aug 26, 2018 
At least two police officers have died in fresh violence in western Cameroon where English-speaking separatists have declared an independent state, the military said Sunday.
The men were killed by armed pro-independence fighters near the town of Wum in Northwest Region, an army spokesman said.
The separatist camp spoke of nine police dead.
Army spokesman Colonel Didier Badjeck said, ... more |
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 Moscow (Sputnik) Aug 28, 2018 
Uber and the US Army have taken a major step toward developing autonomous vertical takeoff and landing (VTOL) aircraft that can be used for shuffling people to and from work - or to and from the battlefield.
On August 9, the US Army Research Laboratory (ARL) and transportation company Uber Elevate - Uber's flying car division - christened their partnership at the University of Texas at Aus ... more |
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 Washington (UPI) Aug 24, 2018 
U.S. President Trump is admired for fulfilling campaign promises, but some of those actions are harming his own ambitions on energy, a trade group said.
On the campaign trail, Trump promised to "use every tool under American and international law to end these (trade) abuses." Nearly two years into his term, he's made good on that pledge by targeting North American, European and Chinese ... more |
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 Moscow (AFP) Aug 28, 2018 
Russia will next month hold its biggest war games since at least the 1980s, with around 300,000 troops and 1,000 aircraft, the defence minister said Tuesday.
The Vostok-2018 exercises will be carried out from September 11 to 15 in the country's east with the participation of China and Mongolia.
"This will be something of a repeat of Zapad-81, but in some senses even bigger," Sergei Shoi ... more |
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 New York (AFP) Aug 28, 2018 
By slashing food waste and improving waste management and recycling, 23 global cities and regions representing 150 million people pledged Tuesday to significantly cut the pollution-causing garbage they generate by 2030.
Places like New York, Tokyo, London, Paris and Sydney vowed to "cut the amount of waste generated by each citizen 15 percent by 2030," said a statement from C40 Cities, a glo ... more |
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 Brussels (AFP) Aug 29, 2018 
A row between Italy's populist government and the EU could sink hopes of ending Europe's longstanding crisis over migrants, and even raises doubts about Rome's place in the bloc, analysts and officials say.
Despite a sharp drop in asylum seekers entering Europe since a 2015 peak, Italy is turning away ships with migrants rescued at sea in a campaign to make EU countries take their share. ... more |
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